GO
Loading...

Obama calls Boehner, says he won't negotiate on debt limit

House Speaker John Boehner and President Barack Obama.
Getty Images
House Speaker John Boehner and President Barack Obama.

President Obama called House Speaker John Boehner Friday night, saying that he won't negotiate on the debt limit.

"[T]he full faith and credit of the United States should not and will not be subject to negotiation," Obama said during the call, according to a statement from the White House.

"The president reiterated that it is the constitutional responsibility of the US Congress to pass the nation's budget and pay the nation's bills," according to the statement. "[T]he American people have worked too long and too hard to dig the nation out of the worst economic downturn since the Great Depression and the last thing that they and the nation's economy needs is another politically-motivated, self-inflicted wound," he added.

Boehner's office also put out a statement on the call.

"Given the long history of using debt limit increases toachieve bipartisan deficit reduction and economic reforms, the speaker was disappointed but told the president that the two chambers of Congress will chart the path ahead. It was a brief call," according to the statement.

The White House said Obama also called House Minority Leader Nancy Pelosi but didn't elaborate on the discussion.

Earlier Friday, the U.S. House of Representatives passed legislation to fund federal agencies from Oct. 1 to Dec. 15 while also derailing the healthcare law known as "Obamacare."

In a partisan vote of 230-189, the Republican-controlled House sent the measure to the Senate where Democrats hold a majority and will try to delete the Obamacare provision and send the spending bill back to the House for passage by Sept. 30 in order to prevent government shutdowns the following day.

— Reuters contributed to this article.

Contact Politics

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    › Learn More*